India Case Study 0.0 / 5 ? GeographyDevelopment and GlobalisationA2/A-levelAQA Created by: MeganCreated on: 26-05-15 18:50 How did UK/USA drive growth? Workers migrated, gained skills, returned and set up their own companies 1 of 13 How did IMF drive growth? Bailed India out of debt in 1991 in return for it liberalising its economy 2 of 13 How big was the middle class population? 300 million, 50 million English Speaking graduates 3 of 13 How did the middle class population drive growth? Large market for sales + well educated population 4 of 13 Low labour costs? For every 1000 jobs relocated to India, UK company could save £10 million 5 of 13 Steel? 4th largest producer 6 of 13 Homegrown ICT companies? 1999 Infosys became the first Indian company listed on the NY stock market 7 of 13 Outsourcing? Call centres - HSBC, British Airways 8 of 13 FDI in 2007? $34 billion 9 of 13 Service Sector GDP? 50% at start of 21st century 10 of 13 Tourism? Set to increase 9.4% a year but only 11000 hotel rooms 11 of 13 MEDC Union concerns? Job losses in developed countries 12 of 13 Tata Consultancy Services? Employ 100 000 people but now moving to Mexico because cheaper 13 of 13
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